Kansai Nerolac Paints Limited at its meeting of board of directors held on February 18, 2022 announced retirement of Mr. H. M. Bharuka as Vice Chairman and Managing Director of the Company on completion of his term from the close of business on 31st March, 2022 and also accepted his resignation as a member of the Board of Directors of the Company from the said date and approved the appointment of Mr. Anuj Jain as the Managing Director, for a term of five years, with effect from 1st April, 2022, subject To Approve the shareholders of the Company.